iWorld
Ola Play launched for in-cab entertainment that includes Sony LIV
BENGALURU: Ola, Indian mobile app for transportation, launched a global first in Bengaluru today. The cab aggregator announced the immediate availability of ‘Ola Play’ for its ‘Ola Select’ customers in the National Capital Region, Mumbai and Bengaluru to be followed by a national rollout by March 2017 in 50,000 vehicles across all the cities in India that Ola operates in. For Ola Prime users Ola Play services will be offered without any additional cost over and above the cab ride cost informed Ola co-founder and CEO Bhavish Aggarwal. Use what you want…
Besides offering the highly personalised experience for users during their rides, Ola Play allows various partners like Apple Music, Sony LIV, Audio Compass and Fynd to build experiences for users. And yes, one can control the air-conditioning and the radio with Ola Play.
Aggarwal said, “I believe that this will completely transform the consumer’s ride experience, giving the user the power to control the interactions within the car and usher in a new era in the ridesharing industry. With over 60 million (6 crore) minutes spent in Ola rides every day, the impact on consumer comfort, convenience and productivity can be transformative. This will further propel ridesharing as the first choice of mobility for many more millions. Ola Play is a world first, built in India by an Indian team, which showcases that we can do better than the best in the world and be global leaders in technology and innovation.”
Sony Pictures Networks India Private Limited EVP and Head – Digital New Media Uday Sodhi said, “With Ola Play, we are offering unique content that is tailored to the needs and preferences of viewers on the move. As a brand Sony LIV is the first premium video on demand (VOD) service providing multi-screen experience to users on all devices; and is the first amongst the competition to provide exclusive premium content. Our association with Ola Play will allow us to further customise popular shows, movies and more, for Indians to consume in a highly engaged way, while on the move.”
Ola Play is a connected car platform for ride sharing that Ola says will transform the in-car experience for users on the go. The platform, built in partnership with Qualcomm is powered by proprietary in-cloud technologies from Ola, by bringing advance car controls, choice of personalised content and a fully connected interactive experience for the user. Ola Play transfers the control of the in-car experience to users from the Driver Console, which enables seamless interfacing with the consumer’s device once the ride begins. Ola Play can be accessed by the consumers own device or the large scree mounted in-car along with the car’s surround sound system.
Gaming
Bluestone FY26 revenue rises to Rs 2,436 crore, turns profitable
Q4 profit at Rs 31 crore, full-year profit at Rs 13 crore vs loss last year.
MUMBAI: From sparkle to numbers, Bluestone seems to be polishing more than just jewellery this year. Bluestone Jewellery and Lifestyle Limited reported a sharp turnaround in FY26, with revenue from operations rising to Rs 2,436 crore (Rs 24,364 million), up from Rs 1,770 crore (Rs 17,700 million) in FY25. The company posted a full-year profit of Rs 13 crore (Rs 131.79 million), a significant recovery from a loss of Rs 222 crore (Rs 2,218 million) a year ago.
Total income for the year stood at Rs 2,486 crore (Rs 24,860 million), compared to Rs 1,830 crore (Rs 18,300 million) in the previous year, reflecting both topline growth and improved operational momentum.
The March quarter, however, told a more nuanced story. Revenue from operations came in at Rs 681 crore (Rs 6,814 million), down from Rs 748 crore (Rs 7,486 million) in the year-ago period, though higher than Rs 461 crore (Rs 4,613 million) in the preceding December quarter. Net profit for Q4 stood at Rs 31 crore (Rs 311.81 million), compared to Rs 68 crore (Rs 688 million) a year earlier, but a clear reversal from a loss of Rs 51 crore (Rs 512 million) in Q3.
Margins were shaped by higher input costs, with raw material consumption rising to Rs 2,204 crore (Rs 22,043 million) for the full year, alongside employee benefit expenses of Rs 282 crore (Rs 2,824 million) and finance costs of Rs 210 crore (Rs 2,104 million). Other expenses came in at Rs 371 crore (Rs 3,715 million), slightly lower than Rs 393 crore (Rs 3,938 million) in FY25.
On the balance sheet front, total assets expanded to Rs 4,961 crore (Rs 49,610 million) as of March 31, 2026, from Rs 3,532 crore (Rs 35,322 million) a year earlier, driven largely by a surge in inventories to Rs 2,672 crore (Rs 26,718 million). Equity also strengthened to Rs 1,803 crore (Rs 18,030 million), nearly doubling from Rs 911 crore (Rs 9,107 million).
Cash flows reflected the cost of growth. Net cash used in operating activities stood at Rs 199 crore (Rs 1,990 million), while investing activities saw an outflow of Rs 239 crore (Rs 2,392 million). Financing activities, however, generated Rs 497 crore (Rs 4,971 million), helping the company end the year with cash and cash equivalents of Rs 108 crore (Rs 1,075 million), up from Rs 49 crore (Rs 487 million).
Earnings per share for FY26 came in at Rs 1.10, a sharp improvement from a negative Rs 79.74 in FY25, underlining the shift from losses to profitability.
With revenue scaling up, costs still glittering on the higher side, and profitability finally back in the black, BlueStone’s FY26 performance suggests a business mid-transition less about shine alone, and more about sustaining it.
